Given the prevailing market dynamics, it seems prudent to establish the seed round valuation within the range of 10 to 20 million. This strategy aims to entice competitive VC investors to join the venture. The primary objective of this funding round is to secure sufficient capital for ongoing project development until we're prepared to unveil an enticing offering to the market and initiate our Series A phase. It's worth noting that excessively valued projects tend to underperform in the secondary market due to inadequate liquidity and insufficient support from retail investors, leading to a decline in token prices.
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